IQD information
About Iraqi Dinar (IQD)
The Iraqi Dinar (IQD), the official currency of Iraq, is a significant symbol of the nation's economic and political history. It is commonly abbreviated as IQD and represented by the symbol ع.د. Introduced in 1932, replacing the Indian Rupee, the Dinar has been a witness to Iraq’s rich cultural heritage, vast economic changes, and periods of conflict and reconstruction.
Historical Background
The Iraqi Dinar was established when Iraq was a British mandate following World War I. The decision to replace the Indian Rupee with the Dinar was part of Iraq’s initial steps towards establishing a sovereign state. The currency has since undergone several transformations, reflecting the country’s turbulent history, including coups, wars, and economic sanctions.
Design and Symbolism
The design of the Iraqi Dinar reflects the country's rich history and diverse culture. Banknotes feature important historical figures, such as King Faisal I, and landmarks that symbolize Iraq’s ancient civilization, like the Great Mosque of Samarra. The notes also showcase Iraq’s natural beauty, including rivers and palm trees, representing the country’s agricultural heritage.
Economic Role
The Dinar is central to Iraq’s economy, driven primarily by oil exports. It facilitates all economic activities within the country, from government spending to local trade. The stability of the Dinar is crucial for economic growth, affecting everything from foreign investment to the purchasing power of ordinary Iraqis.
Monetary Policy and Inflation
Managed by the Central Bank of Iraq, the Dinar’s value has been subject to fluctuations due to political instability, economic sanctions, and fluctuating oil prices. The bank’s policies aim to stabilize the currency, control inflation, and foster a climate conducive to economic recovery and growth.
The Dinar in International Trade
Given Iraq’s status as a major oil exporter, the Dinar plays a significant role in international trade within the energy sector. The currency’s exchange rate against global currencies impacts Iraq’s trade balance and overall economic stability.
Sanctions and the Dinar
Economic sanctions have historically impacted the Dinar’s value and Iraq’s economy. The lifting of sanctions and subsequent economic reforms play a crucial role in the Dinar’s recovery and the nation’s reintegration into the global economy.
VIRTUAL to IQD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ع.د28.93 | 0.0200% / 0.0320%VIP 7 | |
Gate.io | ع.د28.9 | 0.1000% / 0.1000% | Yes |
How to buy Virtuals Protocol
Buy VIRTUAL (or USDT) for IQD (Iraqi Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
m mundocripto 17 trades|Completion rate 85.00% | 1.018 USD | Amount262.93 USDT Limit10 - 200 USD | ||
R Recharge 38 trades|Completion rate 79.00% | 1.036 USD | Amount272.07 USDT Limit10 - 270 USD | ||
F FLASH SALE 1 21 trades|Completion rate 95.00% | 1.036 USD | Amount1602.82 USDT Limit10 - 1660.521 USD | ||
C CryptoCrave 87 trades|Completion rate 98.00% | 1.04 USD | Amount4049.8 USDT Limit200 - 4211 USD | ||
I Itzsheikhs 133 trades|Completion rate 99.00% | 1.04 USD | Amount3004.72 USDT Limit300 - 3106 USD |
Sell VIRTUAL (or USDT) for IQD (Iraqi Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
S Sinai Saud Trades 38 trades|Completion rate 93.00% | 1.199 USD | Amount40000 USDT Limit1300 - 47600 USD | ||
c cR7_trader 11 trades|Completion rate 100.00% | 1.121 USD | Amount4788.74 USDT Limit100 - 5000 USD | ||
D DimTrade 0 trades|Completion rate 0.00% | 1.1 USD | Amount4502.79 USDT Limit100 - 1000 USD | ||
y yaske212 25 trades|Completion rate 71.00% | 1.016 USD | Amount600 USDT Limit20 - 600 USD | ||
c cambios-fast 0 trades|Completion rate 0.00% | 1.015 USD | Amount3200 USDT Limit750 - 4060 USD |
What factors influence the conversion rate of Virtuals Protocol to Iraqi Dinar?
Virtuals Protocol to Iraqi Dinar is falling this week.Conversion tables
The exchange rate of Virtuals Protocol is decreasing.VIRTUAL to IQD
IQD to VIRTUAL
Today vs. 24 hours ago
Amount | 23:50 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 VIRTUAL | $0.01107 | $0.01243 | -10.93% |
1 VIRTUAL | $0.02215 | $0.02486 | -10.93% |
5 VIRTUAL | $0.1107 | $0.1243 | -10.93% |
10 VIRTUAL | $0.2215 | $0.2486 | -10.93% |
50 VIRTUAL | $1.11 | $1.24 | -10.93% |
100 VIRTUAL | $2.21 | $2.49 | -10.93% |
500 VIRTUAL | $11.07 | $12.43 | -10.93% |
1000 VIRTUAL | $22.15 | $24.86 | -10.93% |
Today vs. 1 month ago
Amount | 23:50 today | 1 month ago | 1M change |
---|---|---|---|
0.5 VIRTUAL | $0.01107 | $0.04973 | -77.73% |
1 VIRTUAL | $0.02215 | $0.09945 | -77.73% |
5 VIRTUAL | $0.1107 | $0.4973 | -77.73% |
10 VIRTUAL | $0.2215 | $0.9945 | -77.73% |
50 VIRTUAL | $1.11 | $4.97 | -77.73% |
100 VIRTUAL | $2.21 | $9.95 | -77.73% |
500 VIRTUAL | $11.07 | $49.73 | -77.73% |
1000 VIRTUAL | $22.15 | $99.45 | -77.73% |
Today vs. 1 year ago
Amount | 23:50 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 VIRTUAL | $0.01107 | $0.{5}1531 | -- |
1 VIRTUAL | $0.02215 | $0.{5}3062 | -- |
5 VIRTUAL | $0.1107 | $0.{4}1531 | -- |
10 VIRTUAL | $0.2215 | $0.{4}3062 | -- |
50 VIRTUAL | $1.11 | $0.0001531 | -- |
100 VIRTUAL | $2.21 | $0.0003062 | -- |
500 VIRTUAL | $11.07 | $0.001531 | -- |
1000 VIRTUAL | $22.15 | $0.003062 | -- |
Virtuals Protocol price prediction
What will the price of VIRTUAL be in 2025?
What will the price of VIRTUAL be in 2030?
Other crypto price predictions
Convert popular cryptocurrencies
Bitget Earn
APR
Purchase other cryptocurrencies with similar market cap
Popular Virtuals Protocol conversions
Popular cryptocurrencies to IQD
Discover more cryptocurrencies
Latest coin listings on Bitget
FAQ
Buy Virtuals Protocol for 1 IQD
A welcome pack worth 1000 USDT for new Bitgetters!